1 Watermill Pl UNIT 309ArlingtonMA02476
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Arlington at 1 Watermill Pl UNIT 309, Arlington, MA, 02476 listed at $525,000 pairs $2,831/mo rent with a $2,570/mo payment. Total monthly income runs $2,831/mo. Return on cash invested measures 16.74% in year one, and rental yield registers 6.47% at a $525,000 basis. Equity gained on principal adds $3,388/yr, and annual property appreciation at 5% supports $145,048 by year five. Five-year ROI tracks 85.96% and total cumulative return in cash totals $148,473. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,831/mo property income relative to a $2,570/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02476, Arlington, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,542 (100%) |
| Owner Occupied HU | 5,089 (67.5%) |
| Renter Occupied HU | 2,176 (28.9%) |
| Vacant Housing Units | 277 ( 3.7%) |
| Median Home Value | $937,898 |
| Average Home Value | $1,028,271 |
Housing Distribution
Address Breakdown
Residential
7,590
Single Family
5,630
Multi-Family
1,960
Businesses
683
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Listed by: Terry McCarthy • Coldwell Banker Realty - Belmont
Mls Name: MLS PIN
Mls ID: #73460972